ZF Steering Gear Subsidiary Revises Aluminium Project Cost To ₹150 Crore

Q1 FY27 Consolidated Results YoY: Revenue at 143 Cr vs 133 Cr, up 7.6%. EBITDA at 28.1 Cr vs 23.5 Cr, up 19.5%. EBITDA Margin at 19.7% vs 17.7%, expansion of 200bps; other expenses grew 60.3% vs revenue growth of 7.6%. PAT at 11.4 Cr vs 7.2 Cr, up 59.7%. Board approved revision in subsidiary's aluminium project cost to Rs 150 crore from Rs 100 crore; capex incurred of Rs 118 crore.